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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Strategic Education is an educational services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. Strategic Education’s portfolio of companies is dedicated to closing the skills gap by placing adults on the most direct path between learning and employment. The Company’s organizational structure includes three operating and reportable segments: U.S. Higher Education, Education Technology Services, and Australia/New Zealand.
The USHE segment provides flexible and affordable certificate and degree programs to working adults primarily through Capella University and Strayer University, including the Jack Welch Management Institute MBA, which is a unit of Strayer University. USHE also operates non-degree web and mobile application development courses through Hackbright Academy and Devmountain, which are units of Strayer University.
The Education Technology Services segment is primarily focused on developing and maintaining relationships with employers to build employee education benefits programs that provide employees with access to affordable and industry
relevant training, certificate, and degree programs. The employer relationships developed by the Education Technology Services segment are an important source of student enrollment for Capella University and Strayer University, and the majority of the revenue attributed to the Education Technology Services segment is driven by the volume of enrollment derived from these employer relationships. Education Technology Services also supports employer partners through Workforce Edge, a platform which provides employers a full-service education benefits administration solution, and Sophia Learning, which enables education benefits programs through the use of low-cost online general education-level courses recommended by the American Council on Education for credit at other colleges and universities.
The Australia/New Zealand segment is comprised of Torrens University, Think Education and Media Design School in Australia and New Zealand, which collectively offer certificate and degree programs in business, design, education, hospitality, healthcare, and technology through campuses in Australia, New Zealand, and online.
Revenue and operating expenses are generally directly attributable to the segments. Inter-segment revenues are not presented separately, as these amounts are immaterial. The Company’s Chief Operating Decision Maker does not evaluate operating segments using asset information.
A summary of financial information by reportable segment for the years ended December 31, 2021, 2022, and 2023 is presented in the following table (in thousands):
 202120222023
Revenues   
U.S. Higher Education$829,270 $770,979 $818,953 
Australia/New Zealand250,124 230,747 233,518 
Education Technology Services52,292 63,754 80,453 
Consolidated revenues$1,131,686 $1,065,480 $1,132,924 
Income from operations
U.S. Higher Education$104,914 $38,605 $59,628 
Australia/New Zealand35,855 30,473 35,862 
Education Technology Services21,311 19,264 29,088 
Amortization of intangible assets(51,495)(14,350)(11,457)
Merger and integration costs(11,201)(1,117)(1,544)
Restructuring costs(25,472)(2,115)(16,256)
Consolidated income from operations$73,912 $70,760 $95,321 
The following table presents a schedule of significant non-cash items included in segment income from operations by reportable segment for the years ended December 31, 2021, 2022, and 2023 (in thousands):
 202120222023
Depreciation and amortization   
U.S. Higher Education$38,178 $35,863 $33,655 
Australia/New Zealand10,640 8,842 8,954 
Education Technology Services1,067 1,589 2,526 
Amortization of intangible assets51,495 14,350 11,457 
Merger and integration costs— — 336 
Restructuring costs2,036 2,480 385 
Consolidated depreciation and amortization$103,416 $63,124 $57,313 
Stock-based compensation
U.S. Higher Education$16,926 $19,572 $17,653 
Australia/New Zealand1,359 1,073 (117)
Education Technology Services567 1,147 1,729 
Restructuring costs(703)— 507 
Consolidated stock-based compensation$18,149 $21,792 $19,772 
Geographic Information
The Company’s long-lived assets are comprised of Property and equipment, net and Right-of-use lease assets. The Company’s long-lived assets by geographic area as of December 31, 2022 and 2023 were as follows (in thousands):
 December 31, 2022December 31, 2023
United States$132,179 $115,453 
International125,914 122,278